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During the last bull run, I transformed $1k into $130k but dropped to $8k for not securing profits in time. Here's my strategy to make $2.4M from $8k in a year:
1. Understanding Unrealized PnL:
- Unrealized profits aren't actual profits.
- Structure, rules, and factors help turn unrealized into realized gains.
2. Market Cycle Model:
- BTC follows cyclical patterns based on human emotions and FOMO.
- Growth a year before and after Halving, with repeating cycles.
3. Altcoin Selling Factors:
- Evaluate upside potential.
- Impact of CEX listings.
- Consider roadmap, partnerships, team, and top holders.
4. Case Study - $WIF :
- Analyzing potential based on competitors in the sector.
- Upside compared to tokens like $SHIB, $DOGE, $PEPE, $FLOKI.
5. Memecoins:
- Memecoins often lead in rally gainers.
- Examples: $PEPE, $BONK, $WIF, $MEME, #BITCOIN .
6. Timing Alts for Maximum Profit:
- Identify the cycle and peak for each coin.
- Rebalance the portfolio to maximize profits.
- Analyze the cycle model.
- Sell during the peak but realize it won't be the last.
8. Overall Strategy:
- Understand the structure and patterns.
- Continuously evaluate and rebalance the portfolio.
- Diversify and don't put all eggs in one basket.
Remember, the key is to constantly reassess and adapt to the market's changing dynamics. 📈 #CryptoStrategy #BTC #HalvingHorizons #WIF
